The State Bank of Viet Nam (SBV) has decided to extend a policy allowing commercial banks to keep debt classifications for COVID-19 affected borrowers unchanged to help customers access bank loans.
According to the draft circular which was recently made public for comments, more loans could have repayments postponed until after the end of this year.
The State Bank of Viet Nam (SBV) finally agreed to give commercial banks
at least six additional months before implementing the new standards of
loans classification.
